Recruit (OTCMKTS:RCRUY) Shares Gap Up – Still a Buy?

Shares of Recruit Holdings Co., Ltd. (OTCMKTS:RCRUY) gapped up before the market opened on Tuesday . The stock had previously closed at $20.32, but opened at $21.8250. Recruit shares last traded at $21.8250, with a volume of 27,682 shares.

Analyst Ratings Changes

Separately, Zacks Research lowered Recruit from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Recruit Price Performance

The firm has a market capitalization of $159.95 billion, a price-to-earnings ratio of 41.78 and a beta of 1.74. The company’s 50-day moving average is $18.38 and its 200-day moving average is $13.38.

Recruit (OTCMKTS:RCRUY) last released its quarterly earnings data on Friday, August 7th. The company reported $0.18 EPS for the quarter. The business had revenue of $6.56 billion during the quarter, compared to the consensus estimate of $6.19 billion. Recruit had a return on equity of 35.54% and a net margin of 14.94%. Sell-side analysts anticipate that Recruit Holdings Co., Ltd. will post 0.72 earnings per share for the current year.

About Recruit

Recruit Holdings Co, Ltd. is a Japanese technology and human-resources company that operates digital platforms and staffing services in Japan and international markets. The company connects job seekers with employers, consumers with businesses, and customers with a range of services through online marketplaces and related technology.

Its Human Resources Technology business includes Indeed, a global job-search and recruitment platform, and Glassdoor, which provides employment information, company reviews and job listings.